Realty News
In a recent statement, officials of Tata Hitachi Construction Machinery Company Ltd have revealed that the company is hopeful of launching its 100 tonne dump truck in the first half of 2016. Noting that the launch of the 100 tonne dump truck is very much in the offing at Tata Hitachi Construction Machinery Company Ltd, [...] Continue Reading »
Land-acquisition issues related to the Rani Jhansi grade separator mark the latest obstacle affecting the construction work on the much delayed 1.8km long flyover. The delays-ridden flyover is already in the 15th year of its construction. As a result of the long delay in the completion of the construction work of the Rani Jhansi grade [...] Continue Reading »
The Haryana Urban Development Authority (HUDA) submitted a detailed affidavit at the Punjab and Haryana High Court on Thursday, revealing the names of the people who have been allotted multiple plots under discretionary quota; thereby marking a violation of the rules. One of the most prominent names featuring on HUDA’s ‘multiple plot allotment’ list is [...] Continue Reading »
The foreign trade partners, including the US and the EU are not happy with the decision of the BJP-led Government at the Centre of not allowing foreign direct investment (FDI) in the multi-brand retail sector. Minister of State for Commerce & Industry (Independent Charge) Nirmala Sitharaman informed that press on Tuesday, that the small and [...] Continue Reading »
India is going to witness better roads by the end of 2014 as the Road transport and highways department has resolved to award 8,500 km of roadways projects out of which 3,900 km should be completed before the year end. Prime Minister Narendra Modi will be discussing this issue with the key infrastructure secretaries in a few [...] Continue Reading »
The real-estate developers are demanding for an infrastructure status to the Low-cost housing so that they can enjoy the benefits of getting more finance from the banks and financial institutes for longer tenures. A senior government official stated that this will eventually increasing the supply of houses and will fulfill the dream of ‘’Housing for all’’ [...] Continue Reading »
The 23-storey multi-level parking facility project at the Botanical Garden Metro station has been hit by a number of delays, but work on the project has finally started now. With the project off the ground at last, it will take three years – after the commencement of construction – for the multi-level parking facility to [...] Continue Reading »
Close on the heels of real estate firm Unitech recently reported consolidated loss of Rs 51.55 crore for the January-March quarter, the shares of the company plunged by over 3 percent on Thursday. As an apparent result of the consolidated loss posted by Unitech, the company’s scrip closed at Rs 27 on Thursday, underscoring a [...] Continue Reading »
GVK Power and Infrastructure (GVKPIL) recently reported its fourth quarter earnings, revealing that the company had suffered a net loss of Rs 235.46 crore during the quarter. The figures reported by GVK imply that the company’s fourth-quarter net loss has widened year-on-year. In comparison to net loss figures for the reporting quarter, GVK had posted [...] Continue Reading »
On May 26, Gopinath Munde was sworn in as the minister of rural development. Earlier drinking water and sanitation and panchayati raj were separate portfolios handled by different ministers, however in lean Modi government; Munde will have the additional responsibilities of these ministries. Munde stated that in the parliament BJP (when it was in opposition) had [...] Continue Reading »
